Xeeva

What is Xeeva?

Xeeva is an intelligent Procure-to-Pay (P2P) software platform designed to simplify and optimize the entire procurement lifecycle. It empowers organizations to gain full visibility, control, and management over their indirect spend. By leveraging a consumer-like user experience, similar to popular e-commerce sites, Xeeva drives high user adoption across the enterprise. The platform is powered by the proprietary XVA Platform, which uses Artificial Intelligence (AI) to provide actionable recommendations, automate complex processes like spot buying, and enhance overall purchasing efficiency.

The core objective of Xeeva is to transform traditional procurement by making it more intuitive, compliant, and cost-effective. It centralizes all indirect purchasing activities into a single, easy-to-use tool, allowing purchasing teams to track requisitions, manage suppliers, and monitor budgets in real-time, ultimately turning procurement into a strategic, value-driving function.

Why Choose Xeeva?

• Maximized Spend Under Management: Xeeva consolidates all indirect spend into one unified system. Its simplified purchase requisition and ordering processes ensure that all purchases are tracked, managed, and compliant, significantly increasing the amount of spend that is actively controlled by the procurement department.
• Increased Transparency and Compliance: The platform offers complete, real-time visibility into the entire procure-to-pay process. This transparency helps eliminate maverick spend (unapproved purchases) and ensures that all procurement activities adhere to company policies, budgets, and preferred supplier agreements.
• Delighted Users and High Adoption: With an Amazon-like shopping interface and a powerful, Google-like search function, Xeeva makes procurement easy for everyone, from frequent buyers to occasional users. This intuitive experience removes friction and encourages natural, company-wide adoption, which is critical for the success of any procurement management software.
• AI-Powered Efficiency: Xeeva's AI engine automates a significant portion of the procurement process, including up to 96% of spot buy supplier selections. This automation frees up procurement professionals to focus on strategic tasks rather than manual, monotonous ones.

Advanced Features of Xeeva

• The XVA Platform: This is the AI-powered core of Xeeva. It analyzes purchasing patterns and preferences to provide proactive, actionable recommendations for both individual users and the entire organization. It also powers automated spot buying by suggesting alternative products and comparing quotes to ensure optimal value.
• AP Automation: Xeeva includes a rule-based Accounts Payable (AP) automation engine. This feature streamlines the invoicing and payment process, reducing manual data entry, minimizing errors, and providing greater flexibility in managing payables.
• Flex Cart: This unique feature offers enhanced order generation flexibility. It uses a rule-based system to automatically split carts or consolidate them into single purchase orders based on predefined criteria, optimizing the ordering process for efficiency.
• Flex Approvals: To prevent bottlenecks, Xeeva employs dynamic approval workflows. These intelligent workflows ensure that requisitions are routed to the correct approvers without delay, even in complex organizational structures, and can be managed via mobile or email for on-the-go approvals.

Key Capabilities of Xeeva

1. Simplified Guided Buying: Users benefit from a consumer-like catalog and punchout ordering experience. The system guides them toward preferred suppliers and compliant products, ensuring maximum savings and policy adherence.
2. Budget and Compliance Management: The software provides real-time budget visibility and supports detailed accounting for cost centers, projects, and capital expenditures. Flexible approval chains ensure every purchase is properly authorized.
3. Supplier Relationship Management: Through Xeeva Marketplace, organizations can easily manage supplier relationships, leverage preferred pricing, and execute quoting, shipping, receiving, and invoicing. The platform also supports EDI and cXML transactions for seamless integration.
4. Inventory Management: Xeeva helps reduce excess stock with robust inventory tools. It supports online and walk-up disbursement, rule-based auto-reordering, inter-crib transfers, and management of both consignment and non-consignment inventory.

How to Use Xeeva?

• Out-of-the-Box Solution: Your instance of Xeeva is pre-configured with defaults based on industry best practices, accelerating the setup process.
• Rapid Launch: Organizations can be up and running in less than four weeks. The initial setup does not require complex integrations, allowing for a quick start.
• Minimal IT Effort: The implementation process requires very little involvement from your IT department. Using simple, easy-to-use templates, you can load your data and configure punchout suppliers through a guided questionnaire.

Xeeva Price

Xeeva price is available on request at Techjockey. The pricing model is based on different parameters, including extra features, deployment type, and the total number of users. For further queries related to the product, you can contact our product expert and learn more about the pricing and offers.